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Biotech / Medical : OCGT again

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To: Jack Ucci who wrote (1)6/10/1996 12:05:00 PM
From: Stock Puppy   of 283
 
YAMA: Yet Another Marketing Agreement,
this time in South Africa!

Heck, at the rate they're signing these agreements,
maybe they'll show some profit soon :-)

Check out the recent Edgar report, they indicate that their
leasing out (or whatever term) of the Electro Inter Cardiograph
machine will occur pretty soon.

Anyway, excerpt from the news release concening South Africa:

NEW YORK, June 3 /PRNewswire/ -- OCG Technology, Inc. (Nasdaq: OCGT) announced today that its
wholly owned subsidiary PrimeCare Systems, Inc. ("PSI") has entered into an international marketing
agreement under which Charles Washington & Associates ("CWA"), of Bowie, Maryland, will
introduce PSI's PrimeCare(TM) Patient Management System ("PCPMS") to CWA's clients in the
Republic of South Africa and other southern African states.

Charles Washington, President of CWA, said "We currently provide consulting services and market
medical systems to the health care industry in The Republic of South Africa and work with the Minister
of Health, as well as many hospitals and other medical facilities. During the next ninety days, we will
be demonstrating the PCPMS to 29 major hospitals in South Africa. We have discussed the PCPMS with
many of these clients and it was enthusiastically received as it will enable them to provide superior
quality health care services while reducing administrative burdens and costs."

Edward Levine, President of OCGT joined with Daniel Rockmore, President of PSI, saying, "The
addition of CWA to PSI's growing marketing network is significant because it represents the first of
what we believe will be many marketing alliances to tap into the large international health care
market."

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